Filed Pursuant to Rule
497(e) under the
Securities Act of 1933.
Registration No. 33-73248
The Timothy Plan
Supplement dated January 31, 1997
to the Prospectus and
Statement of Additional Information
dated April 29, 1996
Effective January 1, 1997 engaged a new investment manager,
Awad & Associates, pursuant to a new sub-investment advisory
agreement among the Fund, Timothy Partners, Ltd. and Awad &
Associates, which was approved by the Board of
Trustees at a meeting held on November 29, 1996 and by
shareholders at a Special Meeting of Shareholders
held on January 31, 1997.<PAGE>
FPS SERVICES, INC.
3200 Horizon Drive
King of Prussia, PA 19406
February 6, 1997
Securities and Exchange Commission
Judiciary Plaza
Public Filing Desk
450 Fifth Street, NW
Washington, DC 20549
Re: The Timothy Plan (the "Registrant")
File No.: 33-73248
To the Staff of the Commission:
Pursuant to Rule 497(e) under the Securities Act of 1933, as
amended, enclosed for filing on behalf of the Registrant is the
EDGAR transmission of the Supplement to the Prospectus
and Statement of Additional Information dated April 29, 1996,
as supplemented January 31, 1997.
The purpose of this filing is to disclose to shareholders that
effective January 1, 1997 the Registrant engaged a new
investment manager, Awad & Associates, pursuant to a
new sub-investment advisory agreement among the Registrant,
Timothy Partners, Ltd. and Awad & Associates, which was
previously approved by the Board of Trustees and shareholders
at a Special Meeting of Shareholders.
Should you have any questions, comments or require further
information, I can be reached directly at (610) 239-4754.
Thank you for your continued courtesy and cooperation.
Sincerely,
/s/Gretchen B. Zepernick
Gretchen B. Zepernick
Corporate Compliance Administrator
cc: A. Ally/Timothy Partners, Ltd.
D. Allison/Stradley Ronon Stevens & Young
